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Search Results for "rail"
Master Drilling buys 25% stake in A&R Group
By: Marleny Arnoldi 30th July 2021 JSE-listed Master Drilling has acquired a 25% stake in A&R Group. A&R, with its subsidiaries A&R Engineering & Mining Supplies and Lamproom Solutions & Consulting, specialises in mine mechanisation and digitisation. →
Sibanye advances battery metals strategy with acquisition of French nickel refinery
By: Marleny Arnoldi 30th July 2021 Precious metals miner Sibanye-Stillwater has taken the next step in expanding its footprint in the battery metals sector by entering into an exclusive put option agreement with French mining group Eramet to acquire the Sandouville nickel hydrometallurgical processing facility, in France, for... →
Yamana to expand Jacobina at fraction of original capital estimate
By: Mariaan Webb 30th July 2021 Canadian gold miner Yamana Gold has significantly lowered the capital expenditure (capex) estimate for the expansion of its Jacobina mine, in Brazil, with the project now expected to cost no more than $15-million to $20-million. This is significantly lower than the original estimate of... →
Water crisis threatens iron-ore transport on key Brazil river
By: Bloomberg 30th July 2021 Drought is making one of Brazil’s most important river systems unnavigable, making it more challenging and costly for the commodities powerhouse to get grains and iron-ore out to global markets. The Parana River Basin in central Brazil is experiencing its worst water crisis in 91 years,... →
On-The-Air (30/07/2021) 
By: Martin Creamer 30th July 2021 Mining is making record profits and paying massive taxes just when South Africa desperately needs it; Transnet is working with business to ensure that more iron-ore is exported at a time of high demand; and the clever marketing of South Africa’s platinum group metals is paying off handsomely. →
Highveld Industrial Park
By: Creamer Media Reporter 30th July 2021 Specialising in providing solutions for all industrial space requirements, Highveld Industrial Park (HIP) offers the ideal location for local, regional and national businesses that require manufacturing, metallurgical, warehousing and office facilities. HIP, situated close to eMalahleni in... →
Unitrans Africa launches dedicated Moz-Zim rail service
By: Irma Venter 30th July 2021 Using its partnerships with the National Railways of Zimbabwe, CFM Caminhos de Ferro de Mocambique and Traxtion, Unitrans Africa has opened a dedicated rail service between Maputo port and three major Zimbabwean trade hubs – Harare, Bulawayo and Gweru. Until now, this key section of rail has... →
Tanzania gearing up for its first electrified rail network
By: John Muchira 30th July 2021 The East African region is set to have its first electric-powered railway network in Tanzania, where the State-owned Tanzania Railways Corporation (TRC) is preparing to take delivery of electric trains from South Korea. Works and Transport Minister Leonard Chamuriho announced this month that the... →
Specialty containers create easy access
Niche market container product supplier Specialised Container Agencies (SCA) has developed SCA Intermodal Side Tipper Bins that ensure quick, safe and cost-efficient bulk handling in rail and road applications. “Robust Intermodal Side Tipper Bins have been designed for rapid and efficient... →
Revitalisation vital to economic recovery
South Africa’s transport sector is central to trade, and modernising and revitalising it is critical to the country’s recovery from the ravages of the Covid-19 pandemic, says railroad equipment supplier Gibela CEO Hector Danisa. The country's economy went into its deepest recession in a century... →
Supplier’s materials can contribute to secure railway structures
Construction materials supplier Fibertex geotextiles are used to stabilise the foundations of railway structures, enabling them to withstand the dynamic loads of high speeds and great weights of modern trains. The Fibertex plant in Hammarsdale, KwaZulu-Natal, manufactures high-performance... →
Company steers through Covid-19 challenges
By: Theresa Bhowan 30th July 2021 Railroad equipment supplier and manufacturer Gibela has not been immune to the challenges posed by the pandemic, particularly those presented by the third wave. “We have experienced a rise in cases within our company, which is impacting on operations. Most of our suppliers were also affected by... →
Production surplus meets growing rail industry demand
By: Theresa Bhowan 30th July 2021 Although stainless steel supplier Columbus Stainless can meet South Africa’s stainless steel material demands in all sectors, including the railroad industry, the apparent stainless steel consumption is too low to fulfil the mill’s total production capacity, says Columbus Stainless market... →
Rio posts record results
By: Esmarie Iannucci 28th July 2021 Diversified major Rio Tinto has reported record financial results for the six months to June, with sales revenues up by 71% on the previous corresponding period, and underlying earnings up 156%. “Government stimulus in response to ongoing Covid-19 pressures has driven strong demand for our... →
Teck lowers FY coal guidance on BC wildfire rail disruptions
By: Mariaan Webb 28th July 2021 Canadian diversified mining major Teck Resources has lowered its full-year guidance for metallurgical coal by half-a-million tonnes, owing to wildfires in British Columbia disrupting coal transportation. The full-year coal guidance has been lowered to between 25-million and 26-million tonnes and... →
Bowen's scoping studies prove up
By: Esmarie Iannucci 28th July 2021 Scoping studies into the Broadmeadow East and Isaac River opencut coking coal projects, in Queensland, has proven positive for junior Bowen Coking Coal. The ASX-listed company on Wednesday reported that the results of a first stage independent scoping studies have indicated a run of mine (ROM)... →
Kumba working with Transnet to fix tracks so that rail speed can be lifted
By: Martin Creamer 27th July 2021 Anglo American group mining company Kumba Iron Ore, which on Tuesday reported a superb set of record half-year results, is working with Transnet to refurbish the iron-ore export line so that trains can travel at a higher average speed than the current 30 km/h. In the six months to June 30,... →
Building the world’s greenest iron plant in Quebec - with hydrogen
Blackrock Metals is planning to build an iron, vanadium and titanium (VTM) mine in Chibougamau, Quebec, and plans to use green hydrogen at its metallurgical plant at the Port of Saguenay. With construction about to begin and operations expected to start in 2024, Blackrock Metals CEO Sean Cleary... →
Teck quarterly profit rises 4% on higher copper prices
By: Reuters 27th July 2021 Canadian miner Teck Resources said on Tuesday that quarterly adjusted profit rose 4% sequentially, driven by record-high copper prices. A global demand recovery from the Covid-19 pandemic, strong liquidity injections and tightened supplies have pushed copper prices to all-time highs in the... →
Weekly Coal Index Report
Australian coal prices continue to firm as the Newcastle vessel queue sticks above 40, ensuring the FOB spread remains well over U$25 in favour of Australian coal. However, at around US$150, Newcastle prices may have topped out for now. Chinese domestic prices are also a little softer, after a... →
